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Moving Time on Sports Funding

Sport for Business is to work with Ulster Bank and a number of other parties on developing a series of ideas for presentation to Government on how sports funding can be moved to a different level within Ireland.

This was one of the principal outcomes to emerge from a high profile gathering of members and guests at the latest Sport for Business Round table hosted at the newly opened Irish Sport HQ in Abbottstown on Thursday.

Representatives from Arthur Cox, Ulster Bank, Airton Risk Management and Aria Capital joined sporting bodies including the FAI, Basketball Ireland and the National Sports Campus Development Authority as well as Government officials to explore ways in which an innovative approach to funding might be brought to the fore.

Over the coming days we will build out more detail on the ideas that were discussed and will share the outcome with other members as the plans develop.

“This was a great discussion in a great group,” said John McGrane of Ulster Bank after the meeting. “Now we need to flesh out the imaginative ideas that were brought forward.”

“There is a window of opportunity to spark a real debate on long term sports funding with the changes in the National Lottery licensing regime and we need to act quickly and in concert to make sure that sport is in the mix for a stable approach to investment from different sources,” said Rob Hartnett, founder of Sport for Business.

The next three Members Round Tables will be on Sports Tourism in September, Data Analysis in October, hosted by Accenture, and Philanthopy and Sport in November. Contact us today if you are interested in participating in one or more of these important discussions.

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